Page 30 - The Smart Investor News

Adani Enterprises slips 2%; sets QIP issue price 5% below floor price

Adani Enterprises increased the Qualified Institutional Placement (QIP) issue size to ₹15,000 crore from ₹10,000 crore on strong response from investors.

Nifty Pharma rallies 2%; Laurus, Ipca, Aurobindo, Torrent hit record highs

In the past month, the Nifty Pharma index outperformed the market by surging 7.4 per cent, as compared to 4.2 per cent rise in the Nifty 50.

Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why

According to a Reuters report, the Indian government has allowed four Chinese power equipment manufacturers to participate in government tenders for critical power projects.

HCL Tech rallies 6% on inking $1.14bn deal with Fortune Global 50 firm

This large-deal win reinforces HCL Tech's strong positioning in AI-led infrastructure and workplace transformation services, while significantly enhancing long-term revenue visibility, analysts say.

Union Bank stock plunges 7% post Q1 business update; details here

Union Bank of India plunged over 7 per cent in Friday's intra-day deals after the bank's Q1 Gross Advances numbers came in lower than the provisional figures.

Bank of Baroda slips 4%; down 23% from 52-wk high; should you buy on dips?

Bank of Baroda shares have now fallen 23 per cent from their 52-week high of ₹325.50, touched on February 26, 2026, on the NSE

Avenue Supermarts slips 5% post Q1 business update; stock down 8% in 2 days

Revenue growth is weak considering the large number of store openings in March 2026 and support from inflationary trends even after normalizing for the surge in March 2026 amid the war, said MOFSL.

Bajaj Housing Finance up 6% on strong Q1 business update; should you buy?

For the June quarter, Bajaj Housing Finance's gross disbursement stood at ₹19,500 crore versus ₹14,651 crore in Q1FY26 and ₹17,506 crore in Q4FY26.

Vedanta Aluminium up 4% after Emkay starts coverage with Buy; eyes 22% gain

Vedanta Aluminium share price target: Vedanta Aluminium was one of the four companies that demerged from Vedanta Ltd and was listed as a separate entity.

Sona Comstar surges 6%, stock hits 52-week high; here's why

Thus far in the calendar year 2026, Sona Comstar outperformed the market by soaring 36 per cent, as compared to 9 per cent decline in the BSE Sensex.

TVS Motor shares gain 4% as June sales jump 47%; Q1 volumes hit record

TVS Motor share price today: TVS Motor has reported a 47 per cent Y-o-Y increase in total sales to 590,003 units in June 2026, compared with 402,001 units in the same month last year.

Tata Motors CV, Ashok Leyland gain 2% on healthy volume growth in June

Looking ahead, while commodity pressures will persist, Tata Motors expects the momentum to continue, driven by gradual improvement in customer sentiment which had seen softening during June quarter.

Exide Industries rallies 7% on huge volumes, nears 52-week high; here's why

Analysts maintains a positive outlook on Exide, given steady demand prospects at its base (lead acid) business, and nearing commercialization of 1st phase of lithium-ion capacity (6 GWh).

Goodyear, CEAT, other tyre stocks rally 7% on softer crude; check top picks

Notably, around 70 per cent of tyre production costs come from crude-linked raw materials like synthetic rubber and carbon black, which makes the industry highly sensitive to oil prices.

CreditAccess Grameen gains 3% as MOFSL reiterates 'Buy'; sees 16% upside

CreditAccess Grameen, MOFSL said, is leveraging its strong microfinance (MFI) franchise to deepen customer relationships and scale higher-ticket retail lending products.

CSM Technologies makes flat market debut; what should investors do?

CSM Technologies shares listed at ₹113 apiece on both the BSE and the NSE, matching the issue price of the public offering.

Vedanta Group stocks: Oil & Gas, Iron & Steel, Power zoom up to 20%

Vedanta Iron & Steel up 10%, and Vedanta Power up 17% hit record highs in Wednesday's intra-day trade. Vedanta Oil & Gas was locked at the 20% upper circuit.

BSE 500 stocks: Adani Ports, Marico, Ather, Piramal Finance hit new highs

Adani Enterprises, Aurobindo Pharma, GMR Airports, Gujarat Flurochemicals, Oracle Financial Services and Star Health Insurance from BSE 500 stocks registered 52-week highs on Wednesday.

Adani Ports hits new life-time high; Emkay lifts target price by 5%

Analysts at Emkay believe that MSC's stake buy in Adani Vizhinjam Port improves Adani Ports revenue visibility, can aid the volume trajectory and positions it to capture transshipment opportunities.

RITES soars 11% on over 10-fold jump in trading volume; wins infra project

The average trading volumes on the RITES counter jumped over 10-fold with a combined 28.02 million shares, representing 5.8% of total equity changed hands on the NSE and BSE till 10:30 AM on Wednesday